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FTX’s Sam Bankman-Fried Indicates Collateral Plummeted by $51 Billion

Expressing regret to employees, FTX initiator Sam Bankman-Fried communicated in a letter about a significant drop in “collateral” to $9 billion from $60 billion. This development was highlighted by Suvashree Ghosh on Bloomberg Television.

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Credit: YouTube/Bloomberg Television

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